FloPay vs Airwallex

Airwallex stores cards as Airwallex tokens and, where issuers support it, as network tokens, which are recognized outside Airwallex too. It accepts network tokens provisioned outside Airwallex from API-integrated merchants and can import cards from a previous processor. A processor-independent vault of its own is not documented.

Airwallex's automated dunning retries failed subscription payments on a schedule based on the subscription cycle, emails the customer after each failed attempt, and applies your configured final action if every retry fails.

Pre-chargeback programs, including Visa Rapid Dispute Resolution and Mastercard Collaboration, automatically refund disputes that fall below preset thresholds before they become chargebacks. Airwallex enrolls merchants based on their chargeback ratio and business and risk profile.

Airwallex documents intelligent routing that selects the optimal acquiring path and payment processor for each payment, plus adaptive retries of failed payments. Automatically cascading a declined card payment to another card provider is not documented.

Optimize 360 documents smart retries, issuer-aware logic, and intelligent routing that sends each transaction through the optimal path within Airwallex's payments stack. Routing and failover across payment providers you choose are not documented.

The Hosted Payment Page filters the payment methods it displays by currency and country, and merchants can restrict which methods appear and set their order.

Airwallex supports a wide range of global and local payment methods, including cards, e-wallets, bank transfers, direct debit, cash, and buy now pay later options.

Airwallex publishes Airwallex.js browser elements for payments, transfers, and onboarding, mobile SDKs for Apple and Android devices, and server-side SDKs for its APIs, currently a Beta available in Node.js.

Airwallex payment plugins connect online stores on platforms such as Shopify, WooCommerce, and Magento to Airwallex Payments with no coding required.

The Hosted Payment Page is a secure, pre-built payment page hosted by Airwallex that accepts multiple payment methods through a single integration, with custom styling and localized text.

Airwallex publishes its domestic and international card rates, local payment method fees, and subscription billing fees, and offers custom pricing for platform and embedded finance use cases.

Automatic Tax Calculation applies sales tax, VAT, and GST to Airwallex Billing invoices, subscriptions, and Hosted Billing Checkout payments, and provides exportable tax reports to support filing. It does not register merchants with tax authorities or file returns, and support varies by jurisdiction.

Airwallex offers features that help shoppers finish checkout, such as Airi one-click checkout, local currency pricing, and Apple Pay and Google Pay express checkout. A workflow that follows up with shoppers who abandon checkout is not documented.

Optimize 360 uses built-in AI to make real-time payment decisions across fraud protection, network acceptance, and recovery, and detects performance fluctuations early with ML-based alerts and root-cause signals.

Airwallex onboards businesses, including platforms' connected accounts, onto its own payments platform after verification. Obtaining a merchant ID with an acquirer of your choosing is not documented.

Airwallex partners with corporate secretaries, accounting firms, and business advisors, who can open Airwallex accounts for their clients. Company formation support from Airwallex is not documented.

Airwallex settles payments like-for-like into a natively multi-currency Wallet, and automatically converts payments in currencies you do not hold into your designated fallback currency.

Airwallex is a registered token service provider with Visa and Mastercard, and uses network tokens for credential-on-file payments, both customer-initiated and merchant-initiated, for merchants using payment consents.

Card Account Updater works with the card networks to automatically update saved card details when cards are expired, replaced, or updated. It currently supports Visa and Mastercard payments.

Airwallex states that it is PCI DSS certified Level 1.

Airwallex's fraud engine scores every payment through a multi-layered rule engine that includes merchant-specific custom rules and watchlists, returns allow, challenge, or block decisions, and applies a 3D Secure challenge when risk justifies it.

Airwallex's payment methods explorer publishes a settlement schedule for each payment method.

Airwallex Billing lets merchants edit and cancel subscriptions, and the Airi Customer Portal lets shoppers manage cards saved for one-click checkout across Airwallex merchants. A portal where your customers manage their own subscriptions and billing is not documented as available.

T:0, an AI-native accounting platform and a subsidiary of Airwallex, automates bookkeeping and revenue recognition and lets you build financial reports. It is available to startups operating in the US.

Airwallex provides a sandbox environment, separate from production, for testing integrations through simulations without real money, with access to all products in the web app and API except Connected Account APIs.